VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Coordinating Minister for Economic Affairs Airlangga Hartarto has said Indonesia hopes the International Monetary Fund (IMF) will continue to support the G20 Presidency of Indonesia.

"Indonesia hopes that the IMF will continue to support Indonesia's leadership in the G20," Hartarto said after accompanying President Joko Widodo who received a courtesy call from IMF Managing Director Kristalina Georgieva at the Bogor Presidential Palace, West Java Province, Sunday.

Indonesia is very worried about rising inflation in various countries, where interest rates in various countries would enter a new regime, namely a global interest rate increase, he noted.

Such a situation could greatly affect the investment needed by Indonesia, he added.

During the meeting with the IMF Managing Director, President Widodo told his guest that the country's economic condition is much better than that in other countries.

The President also said that the handling of COVID-19 in the country has been going well, and the coverage of the first dose vaccination has reached more than 90 percent, while the second dose over 80 percent.

"This makes Indonesia resilient to the COVID-19 pandemic," the minister said. Meanwhile, Indonesia hosted the third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Nusa Dua, Bali, on July 15-16, 2022.

The FMCBG meeting was preceded by hybrid Finance & Central Bank Deputies (FCBD) Meeting on July 13- 14 at the same venue.

The FMCBG Meeting aimed to stimulate the global economy to recover together amid various emerging challenges.

A total of 407 foreign delegates attended the meeting in person and 120 others virtually. In addition, 19 finance ministers and 11 central bank governors were also present. (Antaranews)